Trump's Policies, China's Rise, and AI: Indian IT Faces Major Disruption, Warns Manish Chokhani

• Manish Chokhani, Director, Enam Holdings, highlights how Trump's policies, China's strategic response, and AI are reshaping global investment and Indian IT.
• The post-Berlin Wall global economic order of American supremacy and globalization is being reversed by President Trump's policies.
• Global supply chains are shifting from efficiency to resilience (near-shoring, friend-shoring, on-shoring), leading to inflation and interest in hard assets like gold and Bitcoin.
• Chokhani cautions against quick resolutions for the US-India trade deal, citing prolonged delays and India's imbalanced negotiating power.
• Indian IT services face a "terminal value" risk due to AI disruption, similar to past technological shifts, requiring adaptation to avoid capped valuations.

Why It Matters: Trump's policies, China's tech rise, and AI are fundamentally altering global economics and posing significant challenges for Indian IT.